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The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. The tax applies whether the donor intends the transfer to be a gift or not. The gift tax applies to the transfer by gift of any...

Celebrated author and journalist Tom Wolfe died in May at the age of 88. He wrote The Electric Kool-Aid Acid Test and The Bonfire of the Vanities, among many other notable works. Wolfe was survived by a wife and two children. His Will left his tangible personal...

Impact investing refers to investments made with the intention of making a positive social or environmental impact. Impact investors also want a positive financial return. At American Bank & Trust, we strive to inform all our clients on these and other...

If you think of your financial portfolio as a toolbox, certificates of deposit (CDs) are like the hammers. They’re not the fanciest tools, nor do they produce the most wow-worthy results, but they are solid and dependable. In addition, when using investment strategies...